Iran vs US over Hormuz is basically two exes fighting over the remote, except the remote controls 20% of global oil.
Trump's calling it a "wall of steel." Iran's saying the strait stays closed until they get what they want. Ceasefire talks from June? Dead. Both sides pointing fingers.
Brent's hovering around $88. Markets just sitting here waiting to see who blinks first.
This isn't really about oil anymore. It's about who backs down.
Trump's calling it a "wall of steel." Iran's saying the strait stays closed until they get what they want. Ceasefire talks from June? Dead. Both sides pointing fingers.
Brent's hovering around $88. Markets just sitting here waiting to see who blinks first.
This isn't really about oil anymore. It's about who backs down.